BitConch

A project to look forward to.

"The exchange’s vision for the project, per the announcement, is to 'build a new open alliance and sustainable community' that enlists partners who wield influence on a global scale."

Binance Reveals ‘Venus’ — Its Own Project to Rival Facebook’s Libra Binance says it is launching its own “independent regional version of Libra” calling for governments and businesses with strong influence and interest to join the initiative.

IBM adds another patent to it's seemingly exponential list.

The browser “affords a system for storing browsing information such that privacy is preserved and places privacy in the ‘hands of a user’ rather than a third party.”

Just another notch on their belt or a project worth the hype?

IBM Files Patent for a Blockchain-Based Web Browser - CoinDesk The patent describes a peer-to-peer network for managing and storing browsing session data.

“This is a big deal. If I were betting now, a year from now the MoneyGram deal will have a more consequential impact on the crypto markets than the Libra white paper.”

Ripple CEO: MoneyGram Using XRP a Bigger Deal Than Facebook’s Libra Ripple CEO Brad Garlinghouse says the firm is looking into multiple investments and acquisitions following its $30 million partnership with MoneyGram.

One step closer to being caught

Binance Hackers Bombard Chipmixer to Launder at Least 4,836 BTC At least 4,836 BTC stolen from Binance in May 2019 was laundered through crypto tumbler Chipmixer.

"The report, submitted to the UN North Korea sanctions committee, accuses North Korea of using hackers to conduct "forced illegal transfers of funds from financial institutions and cryptocurrency exchanges, launder stolen proceeds and created income to avoid international sanctions."

As expected, the content of the confidential report was "verified by a UN diplomat who declined to be identified".

Is the North Korea sanctions committee grasping at straws? Or can we expect a substantiated report in the near future?

North Korean cryptocurrency heists net estimated $2 billion: UN report North Korea earned as much as $2 billion dollars through large-scale cyber attacks to help fund its weapons programs, a United Nations panel alleges in a new report.

The first Litecoin halving is just hours away. While many are still bullishly holding tight to their coins, we have seen a "25 percent decline in valuation over the last month".

Litecoin Halving: All You Need to Know Before the Day On the eve of Litecoin halving: Experts discuss how the market will respond and what is likely to happen before, during and after it takes place...

“the firm sustained losses of $625 million by March...driven by the sales of outdated 16 nanometer ASICs at low prices”

Mining ASIC Giant Bitmain Lost $625 Million, Expects Profits in April Chinese mining and mining Application Specific Integrated Circuit manufacturer Bitmain lost $625 million in the first two months of this year.

This number is vastly lower than that reported by the University of Oxford earlier last year, which asserted "close to one-half of bitcoin transactions (44%) are associated with illegal activity". So what's the truth?

MIT's AI Lab Crunched 200,000 Bitcoin Transactions. Only 2% Were 'Illicit' - CoinDesk Blockchain analytics firm Elliptic partnered with MIT to analyze $6 billion worth of bitcoin transactions. Here's what they found.

China overtakes USA with most Fortune 500 companies & leads with most involved with blockchain 🇨🇳

It's no surprise that regulation limbo leads innovators to seek more stable ground elsewhere.

Cryptocurrency Regulation Necessary to Keep Firms in US, Says Circle CEO Crypto and blockchain companies need incentives to stick around, says Circle CEO Jeremy Allaire in aftermath of Senate hearings.